Thursday, May 16, 2013

Ahead of the Bell: Tesla Motors gain on debt plans

businessweek.com

Palo Alto, Calif.-based Tesla said it will offer 2.7 million shares of its common stock and $450 million in convertible senior notes. The company has also given underwriters the option to buy another 405,454 shares of stock and $67.5 million in notes.

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They have to stay ahead of the crash that's sure to come.  God knows where all that could lead.

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